The supervisory board of German cable operator Tele Columbus agreed with the company’s chief executive officer (CEO) and chief financial officer (CFO) to extend their management contracts ahead of time.
The contract of CEO Ronny Verhelst will be expanded by three years to September 2019. The contract of CFO Frank Posnanski will be prolonged by four years to September 2020.
Verhelst has been Tele Columbus’ CEO since April 1, 2011 while Posnanski joined the company on September 1, 2011 as CFO.